CHARBONE Hydrogen Announces New Board Director and Other Corporate Updates

Core Points - CHARBONE HYDROGEN CORPORATION has nominated Mr. Jean-Claude Gonneau as a new Board member, to be elected at the Annual General and Extraordinary Meeting of Shareholders on March 28, 2025 [1] - Mr. Gonneau brings over 40 years of experience in management and investment banking, specializing in corporate and business development strategies in various sectors including technology, Greentech, and biotech [2][4] - The company has announced shares for debt settlements totaling $310,000 through the issuance of 4,133,334 common shares at a deemed value of$0.075 per share [5][6] - CHARBONE has amended its secured convertible debentures, increasing the total amount to $1,346,366 with a new annual interest rate of 12$0.10 per Debenture Share [7][8] - The company has granted 5,200,000 common share purchase options to directors and executives, allowing the purchase of shares at $0.15 per share for two years starting February 12, 2025 [9] - CHARBONE is focused on creating a network of modular green hydrogen production facilities across North America, producing eco-friendly dihydrogen for various users [10]